ECB's Sabine Lautenschlager on Brexit banking passport tests

Refreshing honesty from a perfect representative of the 'Deep State', German version. Fortunately the major banks - they are the ones who do the predominant share of Continental European business - are well established in relevant countries. So this is more empty posturing by a life-long bureaucrat that has to sing to the statist hymn sheet.
ECB's Sabine Lautenschlager on Brexit banking passport tests - Business Insider

Brexit will bring four types of market distress

There will be some adjustment period and it could be turbulent. Problem with Brexit is that the final terms are not known so planning for the time after is tricky. Reason to get on with it - not hang around until 27 countries, the Eurocrats and the EU Parliament make up their mind.
Brexit will bring four types of market distress: Portfolio manager

Your Pension Will Be At The Center Of America's Next Financial Crisis

Your Pension Will Be At The Center Of America's Next Financial Crisis